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Search Results 0 to 49 of about 83 (some duplicates have been removed)
Aug 5, 2013 4:30pm PDT
it could affect manufacturing. we kick off a special series called made in america. >> it was a stunning late day capper today to a day of major news affecting the newspapers you read, the websites you visit, the tv networks you watch, and the cable systems you may subscribe to. founder and ceo is buying the publishing business of the washington post company. which includes the fames newspaper for $250 million. the post long run by members of the eugene meyer and graham families reached the peak of its fame for tough reporting, during the watergate era. baso says, i understand the critical role the post plays in washington, d.c., and our nation, and the post's values will not change. according to an sec filing, the rest of the company will change its name within 60 days of the deal's closing and investors like the news. they sent shares of washington post higher after hours. >>> another media legend. newsweek, once owned by the washington post company was sold again. this time to ibt media. this is the all digital news publisher of the international business times. the price a
Aug 2, 2013 4:30pm PDT
america, job growth slows, hourly earnings shrink. part time positions rise. what is behind the trends and what do they mean for the fed and your money? >>> frozen out. not even the rise in part time jobs is helping teenagers much. they can't find work and that is putting pressure on retailers. >> and know your options, when insurance won't cover your long-term care needs, what are the alternatives? we'll tackle that as we wrap up the series how to navigate long-term care. that and more tonight on "nightly business report" for friday, august 2nd. >>> good evening everyone. american businesses weren't it was supported to show 183,000 new jobs were added. it didn't. only 162,000 people got jobs, the slowest month since march. the numbers for may and june were revised down. hampton pearson takes a closer look behind the numbers. the reason why the jobless rate is lower and the troubling trends in the market. >>> economiests say factors with employers adding just 162,000 workers to payroll, and a downward division of 26,000 jobs from the government for the pref warehou -- previous two mont
Aug 6, 2013 4:30pm PDT
are making a big come back and competing against foreign rivalers. our made in america series continues tonight on "nightly business report" for tuesday, august 6th. >>> good evening everyone. president obama taking aim today at boosting homeownership by proposing an overhaul of the massive mortgage market. his targets, long-term political hot potatoes. diana olick joins us from washington with more on what all this might mean. >> reporter: suzy, it should come as no surprise mortgage is front and center, as interest rates are rising, credit is the last barrier to full housing recovery. >> our housing market is beginning to heal. >> reporter: president obama returned to arizona, one of the hardest hit states in the housing crash four years after using this dessert backdrop. >> we got to turn the badpage o the bubble and bust. we need a housing system durable and fair and rewards responsibility for generations to come. >> reporter: it's reforming the nation's 10 trillion dollar mortgage market making it easier for home buyers and putting capital at the center of housing finance ask pulli
Aug 7, 2013 4:30pm PDT
we hit the mall to see for ourselves in our special series made in america. we have all that and more tonight on "nightly business report" for wednesday, august 7th. >>> good evening everyone and welcome. call it the summer stumble. it doesn't qualify as a swoon or full fledged sale off yet but u.s. stocks fell dropping like dominos. japan notably declined 4% as the yen rose against the dollar. here in the u.s. investors seemed unsettled by reoccurring fed chatter thinking the u.s. may scale back stimulus in september maybe not. if not, maybe the end of the year. either way, investors didn't like it. the dow dropped 48 points and the nasdaq to 3654 and the s&p 500 closed at 1690 and change. >>> since 1987, august is the worst month for stocks, so what should investors do? joining us with his thoughts, global market strategist at jp morgan funds. andres there is a summer lull. what is the smart thing for investors to do? do you buy, sale, just sit tight? >> for the active investor, short-term investment horizon nobody wants to be a hero this august considering how strong the markets ra
Aug 8, 2013 4:30pm PDT
businesses to survive and thrive. we'll meet one owner whose putting the made in america slogan to the test as our special series continues tonight on "nightly business report" for thursday, august 8th. >>> good evening everyone. our top story tonight, banks under fire. remember those controversial financial products that were at the center of the financial crisis? they are back in the spotlight, and so is jp morgan chase. the bank revealed it's facing two investigations by the department of justice, both criminal and civil involving the sale of mortgage backed securities. as jackie reports, jp morgan isn't the only one under scrutiny as they ramp up investigations of the largest banks. >> reporter: the government is turning up the heat on banks about their dealings with mortgage backed securities. in a filing yesterday it's the target of parallel, civil and criminal invelst gages. the probe relates to low quality mortgages packaged and sold in securities between 2005 and 2007. the california prosecutor came to a preliminary conclusion jp morgan violated certain securities laws in connectio
Aug 9, 2013 4:30pm PDT
.s. but not just workers benefit. who else is reaping the rewards as we wrap up the series made in america. all that and more tonight on "nightly business report" for friday, august 9th. >>> and good evening everyone and welcome. i'm tyler mathisen along with sue herrera. susie gharib has the night off. in a far-reaching press conference today, the first in three months, to took questions and gave answers on top picks critically important to american business. he tackled healthcare reform and the possibility of a government shut down to immigration, privacy and whom he might choose as the next chairman of the federal reserve. >> good evening, tyler, the president addressed a series of issues, as you say, in his press conference today and said he doesn't think the leaker from the nsa, edward snowden, is a patriot and released a series of reforms he would like to implement. here is how the president described what he would like to do. >> we can't and must be more transparent so i directed the intelligence community to make public as much information about these programs as possible. we have alrea
Aug 7, 2013 7:00pm EDT
of the most recognizable stores in the country to see how many products are actually made in america. >>> but first, a look at how commodities, treasuries and currencies performed today. >>> some positive news for the detroit area tonight. chrysler announced plans to spend $52 million on two plants located south of the city. the investment will add an asemiblee line. and the auto maker will also be hiring, nearly 300 jobs. >>> well, there is a renewed push in this country from big retailers to small manufacturers to buy products made here in the u.s. but may be easier said than done. jane wells goes on a shopping spree to see how hard it is to buy american. >> careful. >> reporter: shopping these days is like going to the united nations, the whole world is in your cart. pakistan, china, usa. >> reporter: do we care where most things come from? >> made in america. made in thailand. made in canada. >> reporter: nearly half of americans say they would be more likely to buy a product if stamped made in the usa. 60% of consumers would be willing to pay an extra 10% for american made. >> i
Aug 21, 2013 6:30pm EDT
were gunned down at sandy hook elementary. their deaths shocked america and forced their parents into action. marquez greene, who lost her 6-year-old, anna, and mark barden, who lost his 7-year-old, daniel, were stunned by yesterday's shooting. >> here we are the day after an individual stormed into a school with an assault rifle, into an elementary school. >> and there's silence. we are a nation in denial. and one day we're going to look back at this moment in history and say we should have acted earlier, because no parent should ever have to worry about getting their child off a bus when we send them to school. >> reporter: in the eight months since they last saw their children, newtown parents have campaigned for gun reform. it passed in two states, connecticut and colorado, but failed at the federal level. what was your reaction when the federal legislation failed for gun reform? >> it was frustrating, butt was also round one. and i feel like we are in mile one of a marathon. >> reporter: how many rounds? or how many miles? >> as many as it takes. >> until we get it done. >>
Aug 19, 2013 7:00pm EDT
growing tall and green ♪ ♪ all i'd want is you to shade me and be my leaves ♪ grown in america. picked & packed at the peak of ripeness. the same essential nutrients as fresh. del monte. bursting with life™. and this is the clue. 30 seconds, players. good luck. alex: lila, you started out very well and then faltered a little bit in double jeopardy! but that's okay. let's see if you came up with the correct response to our final clue. "who is robert e. lee?" good for you. you're right, and you risked $2,400, so you double your score to $4,800. let's go down to the end now to irene. she had $12,000 and...the right response, so she will add how much? $3,000. that gives her $15,000 as a total. kelton, over to you now. robert e. lee is the person we are looking for. and we find "who is lee?" and we'll accept that, and you risked how much? $12,100. gutsy move. it paid off handsomely. $24,200. you will be a semifinalist, and irene's $15,000 may well hold up, also, for one of those wild-card spots. the second of our quarterfinal match is right here tomorrow. please join us then. take care. p
Aug 22, 2013 7:00pm EDT
at madison square garden in new york city, here are the stars of america's game -- pat sajak and vanna white. [ laughter ] [ cheers and applause ] don't make me go. hi, everybody. how are you doing? hey. hey. cut that out. hi. hi. what a -- hi. what a crowd up here. everybody, grab one of those devices. there you go. we have people who claim to be best friends. "toss up" is coming up. it's "characters." [ bell chimes ] and, kristine and jonathan. batman and robin. that would be correct. yes. you got $1,000. excellent. and now...tell america all about you. hello. i'm kristine ganancial. i'm from new york. i have a wonderful 3-year-old son named brandon. and right next to me is my best friend for almost four years. my name is jonathan tavares. i am currently in real estate, been doing it for quite a while now, and that's how kristine and i met. we love the yankees, so we're huge yankee fans. we go to a bunch of games, and we enjoy it very much. [ cheers and applause ] now, are you really yankee fans, or was that just a grab for cheap applause? die-hard yankee fans. because, if it was, it worke
Aug 27, 2013 7:00pm PDT
but that isn't stopping many of america's farmers from investing in the next big thing in farming, technology. >>> but first, here is a check on how the international markets closed today . >>> it looks like the website of the new york times was hacked. it was down today and the newspaper's vice president of corporate communications said the outage was most likely the result of a quote, malicious external attack. they are working to get the site up again. >>> more troubles for america's largest bank. the u.s. government is demanding $6 billion from jp morgan chase to settle allegations it misrepresented the risks of some mortgage backed securities sold to fannie mae and freddie mac before the financial crisis. later, many investments went back. in a lawsuit against jp morgan and other banks, the finance agaency said the bank over statd the ability of the borrowers to repay their mortgage loans, end quote. in this article, jp morgan is saying it will resist paying that big a penalty. >>> more good news to tell you about in housing. home prices in june shot up 12.1% from the same month last yea
Aug 16, 2013 6:30pm EDT
argue the time is now. america's only leverage to pull egypt back from the brink is the money. >> at the end of the day, i don't want american dollars to be used by this interim government to basically kill their way into power. >> reporter: u.s. aid to egypt dates back to the camp david accords of 1979. it buys the u.s. military's access to the suez canal which connects the mediterranean to the red sea, ensures peace with israel and the sinai desert and is supposed to provide support for democracy in egypt. what democracy, you might ask, as the military has jailed democratically elected leaders and crushes protests in the street. >> anybody in egypt looking at the united states would see that we really don't have a game plan. we don't have a strategy. we have not articulated how we want to see this end. >> reporter: u.s. officials are hopeful egypt will pull back, noting the deep and historic ties between the u.s. and egyptian militaries. what's more, if america cuts off aid now, other countries have promised to fill the void. >> if we were to cut off aid, we would have no le
Aug 22, 2013 6:30pm EDT
just a week later. it changed america, the fbi, and the world. tonight, as he prepares to leave the job, the longest serving fbi director since j. edgar hoover speaks with our justice correspond enent pete williams. >> reporter: robert mueller became fbi director a week before the 9/11 attacks. some question the sting cases, some people expressing only a desire to adak. >> i ask, when do you know when that person who harbors an intent to harming citizens to picking up a pistol and killing 13 people. >> i was looking at your picture in the lobby and you have more gray hair now than when you became director. >> i'll also mention, so do you. >> all right, fair enough. >> reporter: he says it's been an intense 12 years and remembers the toughest times. >> the hardest days that you have are those when you lose an agent in the course of duty. >> reporter: and the moments of uncertainty, like the chaotic hours after the boston marathon bombing. >> the investigation had more twists and turns in that very short period of time than in many investigations. you were up in the air in terms of whethe
Aug 23, 2013 6:30pm EDT
to chuck todd. is america about to get involved in syria? >> reporter: looks like in some form we may do just that. the president seems to be on the verge of ordering some sort of military response in syria. the question is, what does that military operation look ke? right now the president's closest advisers are divided on the options that are in front of them. it is these heart-wrenching images of out sere ysyria, victims of brutal chemical weapon attack that accelerated the debate in washington. >> we are gathering information on this event. what we have seen indicates this is a big event. of grave concern. >> reporter: just how grave becoming more clear tonight. in an exclusive interview, ann curry spoke to a doctor inside of syria treating some of those victims. >> died violently while sleeping and died hungry. >> doctor, after this experience, what is your message to the outside world. >> chemical weapons is a shame on the face of humanity. i can't imagine that the international community cannot do anything except meeting and promising. is in the truth? is this real? >> reporter: t
Aug 9, 2013 7:00pm EDT
the special series, made in america. >> our major goal -- >> north carolina is moving forward. >> we think it's good for the state. >> reporter: it was a better day in north carolina, announcing a new manufacturing plant and as documented in this lenovo video, they were there to cheer on. >> that's the public relations wind fall companies can count on when they announce manufacturing jobs in the united states and they can be more than an economic opportunity but an opportunity to curry favor with political officials here in washington. on this web page the company working for lenovo boosts that five leaders spoke on behalf at the event and the firm assisted them in the development of talking points and messaging for the event. the chinese computer company is a firm that can use good press with t u.sgovernment and sought to sell it's products to the military, the state department and others. >> this year apple will make macs in america again. >> reporter: tim cook scored a seatobama's state of the union seat after they invest $1 hundred million to bring jobs back to the united states. >> apple
Aug 21, 2013 7:00pm EDT
, from the theater at madison square garden in new york city, here are the stars of america's game -- pat sajak and vanna white. [ cheers and applause ] hello. how's everybody? thank you, jim. we're in new york. yes, we are. thanks so much. we appreciate that. bye. hello. every team should have one of those toss-up devices. there you go. "people" is the category for this first puzzle. go ahead, vanna. [ bell chimes ] kevin and chris. bosom buddies. yeah. uh-huh. you get it -- best friends, bosom buddies? that's it. well, why don't we hear about you guys? hello. my name is kevin edelman. i'm from long island. i have a beautiful wife, suzanne, of 7 1/2 years, a 16-month-old daughter, juliana, and my best friend, chris, who i've known for 12 years, 'cause he was my waiter at a diner. [ laughter ] that's how it started -- chicken noodle soup, all the time. yeah, well, that's -- well, that's good. boy, you get close to your servers, don't you? that's it. chris, how about you? my name's chris tsalikis. i have three beautiful children -- samantha, anastasia, and christopher. i have an amazing gi
Aug 14, 2013 4:30pm PDT
business except the edge looks bad. certain geographies, northern europe, north america look good but japan, china don't look as good. what chambers said is cisco is commited to delivering on the financial model they put out around 61, 62% gross margins and growth overall in earnings faster than revenue in most quarters. that necessitates these cuts. there is lots of questions going forward about whether cisco will be able to grow most of the time in that five to seven percent revenue band john chambers promised. >> tomorrow a lot of investors will wonder how cisco is saying translates to other tech companies, which might be impacted by comments tonight? >> suzy, i think you've got to consider what we saw from ibm. what we saw from oracle a few weeks ago having issues with revenue. does this global uncertainty mean that demand overall is getting soft in certain markets, emerging markets where cisco sited real uncertainty. some markets strong, some weak. i think that will be the question from cisco that then gets asked to a lot of other executives in the days ahead. are you seeing the same u
Aug 20, 2013 6:30pm EDT
yet realize, climate change is affected us in america and across the world? >> yeah. there are manifold that climate change is having impact. the arctics a very useful bellwether of change, and it's ringing. >> reporter: but greenland, once called eskimos, don't need a scientist to tell them about climate change. >> the sea ice are disappearing. >> reporter: the leader says melting ice means his people struggle to reach traditional hunting ground. some have even fallen through the thinning ice and died. you're saying that a way of life is so threatened, it could die? it could be lost forever? >> the only humans around the north pole in the arctic are us. we have been here for thousands of years. and we tell you, things are changing. and you will feel it maybe tomorrow. >> his message essentially is that we in the industrialized world are using more than other fair share and that our children and our grandchildren will pay the price, lester. >> very sobering. ann, thank you. >>> we're back in a moment with a big celebration today that finally happened 40 years after p
Aug 16, 2013 4:30pm PDT
to moves in interest rates. mcneil curry for bank of america merrill lynch says as rates push higher, so does the anxiety on the street. >> definitely, it is the push higher in interest rates leading to increase in anxiety in equities forcing them to correct to the downside. >> reporter: this leaves a lot of people asking, if the markets are correcting, how big of a move will it be? time will tell. for "nightly business report,". >>> home builders broke ground on more new homes in july. the trouble is increase was mostly a 20% jump in apartment buildings. while construction of more profitable single-family homes fell. permits for future construction fell slightly. shares of some of the nation's biggest builders were mixed today. lennar ended higher and rye lend, dr horton closed lower. >>> an update on detroit's bankruptcy. the federal judge presiding over the biggest bankruptcy filing in u.s. history order add mediator to handle negotiations with the city's unions and two largest pension funds. the idea is to save money on litigation against the city and speed up a resolution of this hi
Aug 20, 2013 4:30pm PDT
at some point the bubble will burst and we'll see a systematic financial crisis like what occur in america in 2008. >> reporter: with china in one of the biggest credit booms in history. >>> and coming up on the program, want to know if more americans are feeling optimistic about the economy? you may find the answer on the road to this labor day weekend. we'll explain. >>> first a check how commodities, currencies and treasuries performed today. >>> the tesla electric carp can obviously take a charge and a hit. the sedan is awarded the highest rating ever by the national highway safety administration. every make and model was tested by the agency and the model s with five-star crash rating set a new record for the lowest likelihood of injury to occupants in the event of a crash. there is no gas tank and the rear mounted engine allows for a much longer crumple zone in the front of the car. >>> no matter what car you drive or how safe it is, aaa says that more of us will be hitting the roads this labor day weekend. hampton pearson has more on the holiday forecast and what it says about the e
Aug 28, 2013 4:30pm PDT
. so let's hope this year socket world cup and 2016 olympics can brighten the mood in latin america's largest economy. >>> now, some of those same countries are straddled with debt and political uncertainty and for american companies that have exposure to the markets, the risk is big. we have more on what it could mean for your money. >> reporter: emerging markets, once considered the saviors of the world economy thriving even in the face of the u.s. and europe's receptions, but now the brick nations are threatened by debts, inflation and political uncertainty and those risks could hit the bottom line on some of the biggest companies in the u.s. it's a double whammy for the multi national, the emerging market currencies mixed their products and services less competitive and profits made in local currencies are worth less in dollar terms. agricultural names have exposure to brazil, a country dealing with political uncertainty. texaco and alcoa generate sales in russia. in india, a country dealing with rising inflation, american tower and pea body energy do a great deal of business. l
Aug 15, 2013 4:30pm PDT
down down, stocks fell sharply today, concerns about the consumer and corporate america. has something changed in the economy? and what does it mean for your money? >> walmart says shoppers aren't shopping, spenders aren't spending and profits won't be what was predicted the what the walmart's woes say about the broader economy. >>> and housing disconnect. home builders are more optimistic than they have been in eight years. "nightly business report" for thursday, august 15th. >>> good evening everyone and welcome. the drip, drip, drip of sliding stock prices turned into something more today, something like a tarrant. investors digested troubled news with walmart and cisco and claims mean the federal reserve will reduce stimulus sooner rather than later. the dow is 546 points or 3.5% below the all-time high hit on august 2. the s&p 500 is 48 points or 2.8% below the peak set that day. new today's sell off accounts for half of those declines from the all-time highs, the dow down 225 points, the nasdaq lost 63 and the s&p 500 lower by 24. but it wasn't just stocks that fell today. bond p
Search Results 0 to 49 of about 83 (some duplicates have been removed)